Saturday , April 27 2024
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Real Estate

Inland Empire industrial market keeps rolling

Industrial properties sold

The Inland Empire remained the strongest industrial market in the United States during the first quarter of this year, with an estimated  40 percent of the nation’s transactions happening in the two-county market, according to data released Monday. Nearly three million square feet of industrial space went online in Riverside …

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Industrial building sells, will be enlarged

An industrial building in Riverside has been sold. The structure, at 7145 Arlington Ave., sold recently for an estimated  $17.8 million, according to a statement. CBRE Group Inc. represented the seller, The Abbey Company, a privately held real estate investment and management firm in Garden Grove. The buyer, whose name …

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Office market healthier than previously thought

Local office market treads water

A report says the Inland Empire has absorbed more space than Los Angeles and Orange County since the recession ended in 2010. While it’s not a full-fledged recovery, it’s at least a piece of good news. The Inland Empire office market might be in better shape than previously reported. No, …

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Major housing development sold

Strong Housing Report for IE

Two major homebuilders have purchased parcels in Terramor, a master-planned community in unincorporated Riverside County. The lots, part of the development’s first phase, were purchased by KB Home in Los Angeles and CalAtlantic Homes in Arlington, Va., according to a statement released today. KB Home will build two neighborhoods that …

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Tenant sough for fulfillment center

Colliers International and Lee & Associates Commercial Real Estate Services are marketing a fulfillment center in Rialto that could ultimately employ between 200 and 500 people. The I-210 Logistics Center II, which was completed last year, covers nearly 760,000 square feet and was part of a $2 billion real estate …

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Major housing development underway in Corona

Grading has begun on a major housing development in Corona. Bedford will consist of 1,620 homes southwest of the Cajalco Road and Interstate 15 interchange, on the site for a former lemon grove, according to a statement released by the project’s developer, The New Home Company in Aliso Viejo. The …

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